Chainlink aka Link’s run from March to August has been good, especially in terms of its price appreciation. The cryptocurrency went from being valued at less than $2 in March to being overvalued at $20. This exponential rise came at a time when defi was soaring. In part, the defi craze has to be the...Read More
The Barstool Sports founder turned stock trader appears to have been prematurely stung by the highly volatile world of Bitcoin trading. Portnoy, who has recently expressed a lack of knowledge on crypto, tweeted a video on August 21, stating that he was ‘getting killed on Bitcoin right now.’ $25,000 Loss In a follow-up tweet, the...Read More
Google trends data reveals that the number of “buy crypto” searches has exploded worldwide in the past few weeks to a two-year high. Simultaneously, the “buy Bitcoin” searches, which jumped prior to the 2020 halving and decreased immediately after, have increased since late July. Buy Crypto Searches To A Two-Year High According to Google trends,...Read More
After Bitcoin touched $12,500, Crypto Fear & Greed Index stood at 82 for the day and 80 for the week. It can be argued that some signs of a coming drop were in the making over the past couple of days. Bitcoin’s subsequent drop to $11,600 took with it the entire market, including recent stalwart...Read More
Chainlink’s price dipped alarmingly, registering close to 20% loss within an hour. This action happened hours after Bitcoin reached a local high of $12,499. Ethereum Classic, on the other hand, saw registered a recovery while Dogecoin failed to carry a lot of momentum and looked likely to slip further down in price. Chainlink [LINK] Source:...Read More
Even as Chainlink and Bitcoin steal the limelight, one cannot forget Litecoin. The world’s first altcoin is currently in the 8th spot on the coin market, ahead of resurgent coins like Cardano and Binance Coin, trending with a daily gain of 7.13 percent, second only to Chainlink. Litecoin’s market cap was a strong $4.03 billion...Read More
Binance Coin now finds itself on the fringes of the top-10, occupying the 10th spot owing to the consolidating movement of the new entrant Chainlink following its recent surge. With a market capitalization of $3.15 billion, the exchange token is only a few million ahead of Crypto.com in eleventh with a market cap of $3.11...Read More
The cryptocurrency market has been seeing decentralized finance [DeFi] driving growth in the crypto-verse. Recently, on 9 August, the total market cap peaked at $11 billion, however, at press time was back to $9.275 billion, as per data provider DeFi Market Cap. As the market cap moves higher, the total value locked in DeFi was...Read More
From the world of altcoins, Chainlink or LINK tokens seems completely unstoppable at the moment. In the past few days, Chainlink has risen by 45 percent in the charts, rising from $9.80 to $14.48 on the 9th of August. As the token consolidates at its all-time high range, we looked into a few developments over...Read More
Known in the cryptocurrency field as The Wolf of All Streets, Scott Melker is arguably one of the most influential personalities in the community in recent years. With more than 110,000 followers on Twitter, Melker gives out helpful market analysis to both novice and experienced crypto traders and is known for his friendly and easy-going...Read More
Litecoin seems to be on the receiving end of the altcoin onslaught. In the past two months, Litecoin has been pushed down in the top-10 coins in the market by two individually surging contemporaries, Cardano back in July and Chainlink now. Digital silver now occupies the 9th spot with a market capitalization of $3.79 billion,...Read More
While Bitcoin’s surge and consolidation over $11,000 grabbed the mainstream headlines, in the crypto world, all attention is on Chainlink. The altcoin surged into the top-10 with a massive 20 percent gain in the past 24-hours now occupying the sixth spot behind Bitcoin Cash, with a market capitalization difference of $1.2 billion at press time. ...Read More
Chainlink continues with its impressive price performance after reaching a new all-time high today. Interestingly, the latest surge coincided with the launch of China’s Blockchain Service Network, which integrated Chainlink’s price oracles into its ecosystem. China’s BSN Launches As CryptoPotato reported in March this year, the world’s most populated country planned to introduce a DLT-based...Read More
It’s been a fruitful year for ChainLink (LINK) and its investors despite the pandemic-induced market downturn in mid-March. The project has not only recorded significant partnerships and developments since the start of 2020 but has also seen a massive boost in the number of crypto traders and investors holding the LINK token. LINK Holders Surpass...Read More
Token swap feature KyberSwap has integrated Chalinink’s price reference data for enhanced accuracy. Up until now, the price feeds of KyberSwap were taken exclusively from Kyber Network. KyberSwap and Chainlink KyberSwap is a platform allowing users to swap between Ethereum tokens quickly and easily, and it’s powered by Kyber Network’s on-chain liquidity protocol. It allows...Read More
Chainlink performed brilliantly with a 5% rise this week. The top cryptocurrency maintained a neutral bias within the last 24 hours and the price stabilized above the support at $3.87. The cryptocurrency began to stage a bull market when it first touched support at the $3.44 early on into the week. Leaping off the support...Read More
The price of LINK is beginning to rise steadily following a 24-hour period of buying pressure in which the coin gained about 3% within the last two days. The cryptocurrency began to stage a bull market when it first touched support at the $3.44 early on into the week. Leaping off the support at $3.44,...Read More
Chainlink (LINK) is one of the two cryptocurrencies that show a great correlation to the price of bitcoin with just a few days to the much-anticipated bitcoin blockchain reward halving. The other is Tezos (XTZ). As this price analysis focuses majorly on LINK, technicals reveal that the price of LINK falls whenever the price of...Read More
The aggregated crypto market has been caught within a firm downtrend over the past several days and weeks, but one top crypto has been able to buck this trend, rallying to fresh all-time highs against its Bitcoin trading pair yesterday before incurring a selloff today. Today’s selloff has led Chainlink – the best performing cryptocurrency...Read More
The aggregated cryptocurrency market has been closely following Bitcoin over the past couple of weeks, with altcoins slightly underperforming BTC during bearish trends, and outperforming the benchmark crypto during uptrends. Over the past few days, the market-wide trend has been overwhelmingly bearish, with Bitcoin’s break below its key support at $9,500 yesterday sparking a selloff...Read More
LINK is trading at a crucial resistance area after seeing gains of 13%. Chainlink is technically bullish across trading pairs but still facing a tough level at the immediate resistance. A pullback is likely if Link fails to overcome the current trading level. LINK/USD: Link Could Be Ready For Huge Rally But Still Waiting For...Read More
Chainlink surged 13.48% to reach $3.26 as buyers remain trapped in a channel. If buying volume continues to increase, the bullish scenario might last for a while. Against Bitcoin, Link signals long-term bullish move after witnessing a bull flag breakout. LINK/USD: Chainlink Awaiting Next Move Following 13.48% Surge Key Resistance Levels: $3.75, $4.55 Key Support...Read More
2019 was the year of Bitcoin, which stole the spotlight from the rest of the crypto industry, including altcoins like Ethereum, Ripple, and Litecoin.The post appeared first on NewsBTCRead More
Chainlink has a bearish short-term and medium-term trading outlook The four-hour time frame shows that a bearish head and shoulders pattern has formed The daily time frame continues to show the price trapped within a wedge pattern Chainlink is under increasing downside pressure, with the popular cryptocurrency on the cusp of a short-term bearish breakout...Read More
Chainlink has seen a massive price rise in recent times, surging to fresh all-time highs in July of 2019 concurrently with Bitcoin’s rise to its 2019 highs of $13,800. Although both cryptocurrencies have both retraced from these highs, LINK is still trading up significantly from its year-to-date lows.Analysts are now noting that Chainlink may soon...Read More
It has been another day of declines on crypto markets with total capitalization slipping below $200 billion again. There are very few survivors that are escaping the bears but Chainlink is among them.Crypto Cap Crushed AgainThe selloff that began on Monday has accelerated by mid-week as total market capitalization dumps another $4 billion. Since the...Read More
This blockchain projects may stay out of your radars since not all of them were actively advertised. However, we can say with confidence that these projects are worth paying attention to in 2019. It is always necessary to keep abreast of trends that occur in the cryptocurrency world. Many crypto advocates and traders called the...Read More
Chainlink, a service that provides tamper-proof I/O for smart contracts, recently published its ‘Mixicles’ white paper. According to Chainlink, Mixicles are DeFi instruments embedded with oracles, which mediate between data both on and off the blockchain, and include mixers for the promotion of financial instruments’ privacy. We’re thrilled to release our work on Mixicles, a...Read More
LEOcoin Price Analysis (LEO/USD) LEOcoin has drastically dropped from where it closed yesterday at $1.1419 and is now changing hands at $1.1250. The downside pressure seemed to have gained support from the moving averages that are now suggesting a bearish sign. This is since the long-term SMA (A) has been gravitating above the short-term SMA...Read More
Chainlink Price Analysis (LINK/USD) On an hourly chart, the current price of LINK/USD pair is hovering around $2.0635 having dropped slightly from yesterday’s closing price of $2.0286. This approximates to a drop of 1.7% over the last 24hrs. LINK/USD has also undergone through a high volatility trading up and down ranging between the key resistance...Read More
